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Thread: Europe doesn't share Germany's economic rebound

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    Re: Europe doesn't share Germany's economic rebound

    By cheating, do you mean currency manipulation?
    Quote Originally Posted by calamity View Post
    Reports indicate that everyone knew he was hauling a bunch of guns up there. But, since you brought it up, there's something which should be illegal: guns that breakdown.

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    Re: Europe doesn't share Germany's economic rebound

    Quote Originally Posted by CanadaJohn View Post
    Canada is poised to lead the G20 in economic growth once again with Germany not far behind. The two countries have strong, conservative, fiscally responsible governments that have no problem convincing their populace to tighten their belts when the times require it. These concepts are foreign to much of Europe and it's why they are still struggling under massive debt and deficits that cripple any hopes of spurring their economies.
    The minimum wage in Canada varies by Province, but on average it's over $10/hr and they have universal health care.

    Germany doesn't have a minimum wage. The only thing I could find is that a cashier must make a minimum of $7 use....however, labor is well represented in Germany...a representative from labor has a seat at the board of directors of major corporations, Unions are accepted and respected, and they ALSO have Universal Health Care.

    EDIT: the point I am trying to make is that what you call "Conservative" is very much considered."left wing Socialism" here in the US.

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    Re: Europe doesn't share Germany's economic rebound

    Quote Originally Posted by Steelplate View Post
    The minimum wage in Canada varies by Province, but on average it's over $10/hr and they have universal health care.

    Germany doesn't have a minimum wage. The only thing I could find is that a cashier must make a minimum of $7 use....however, labor is well represented in Germany...a representative from labor has a seat at the board of directors of major corporations, Unions are accepted and respected, and they ALSO have Universal Health Care.
    You have to take into account that the cost of living in Canada is higher than in the US due in large part to the cost of food, often out of season and must be imported. As well, housing costs are higher - all homes requiring furnances and most requiring air conditioning as well. Most homes are brick construction, higher cost than in the US. Transportation costs are also significantly higher with our smaller population and larger country. These are some of the things that make higher wages a fact of life in Canada.

    Health care is another story and too long to get into here - we do have universal health care, but it's not what most Americans think it is and it's not what most Europeans have. It covers the basics and catastrophic care, but so much of a person's normal healthcare needs are not covered and are either paid for out of pocket or paid for with supplemental health insurance either purchased individually or through employment.
    "Liberals claim to want to give a hearing to other views, but then are shocked and offended to discover that there are other views." William F. Buckley Jr.

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    Re: Europe doesn't share Germany's economic rebound

    Quote Originally Posted by CanadaJohn View Post
    You have to take into account that the cost of living in Canada is higher than in the US due in large part to the cost of food, often out of season and must be imported. As well, housing costs are higher - all homes requiring furnances and most requiring air conditioning as well. Most homes are brick construction, higher cost than in the US. Transportation costs are also significantly higher with our smaller population and larger country. These are some of the things that make higher wages a fact of life in Canada.

    Health care is another story and too long to get into here - we do have universal health care, but it's not what most Americans think it is and it's not what most Europeans have. It covers the basics and catastrophic care, but so much of a person's normal healthcare needs are not covered and are either paid for out of pocket or paid for with supplemental health insurance either purchased individually or through employment.
    Tell that to a low skilled worker living in NYC who has to take housing subsidies, food stamps and an Medicaid card just so they can be broke.

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    Re: Europe doesn't share Germany's economic rebound

    Quote Originally Posted by Steelplate View Post
    Tell that to a low skilled worker living in NYC who has to take housing subsidies, food stamps and an Medicaid card just so they can be broke.
    That'll happen if they keep electing liberals.

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    Re: Europe doesn't share Germany's economic rebound

    The problem was politeness: when Greece wanted to join the Eurozone they were supposed to meet certain criteria, and they cooked the books a little to make it. The nice folks in Northern Europe were too polite to challenge them on it, and just let them in. So everyone is partly at fault.

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    Re: Europe doesn't share Germany's economic rebound

    Quote Originally Posted by Steelplate View Post
    The problem with the EU is that member nations are autonomous. There is no centralized government to speak of. If they didn't share currency, this wouldn't be a big deal.....but they do.
    That's basically it in a nutshell. If you don't have any say in your currencies flexibility your currency will steamroll you.
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    Re: Europe doesn't share Germany's economic rebound

    Quote Originally Posted by poweRob View Post
    That's basically it in a nutshell. If you don't have any say in your currencies flexibility your currency will steamroll you.
    The EU would have had some power except France was too proud to give up any sovereignty.

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    Re: Europe doesn't share Germany's economic rebound

    Quote Originally Posted by poweRob View Post
    That's basically it in a nutshell. If you don't have any say in your currencies flexibility your currency will steamroll you.
    It's sort of like how the tea party wants the US to be run. States doing anything they want, and no central authority. It doesn't really work well, as the Eurozone has discovered. Not if you have a single currency.

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    Re: Europe doesn't share Germany's economic rebound

    Quote Originally Posted by Grant View Post
    That'll happen if they keep electing liberals.
    Yeah....because liberals just hate the workforce.

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